A REVIEW OF RENEWABLE ENERGIES IN TAIWAN
Journal Title: International Journal of Engineering Sciences & Research Technology - Year 30, Vol 5, Issue 10
Abstract
With limited indigenous conventional energy resources, Taiwan imports over 97% of its energy supply from foreigncountries, mostly from the Middle East. Developing independent renewables is thus of priority concern for theTaiwanese government. A medium subtropical island surrounded by the Pacific Ocean, Taiwan has enormouspotential to develop various renewables, such as solar energy, biomass energy, wind power, geothermal energy,hydropower, etc. According to the estimation, the total renewable energy reserve is about 194 GW, which equals to4 times of national installed power capacity in 2015, e.g., 48.7 GW, so Taiwan has abundant renewable energyresources indeed. However, owing to the importance of conventional fossil energy in generating exceptionally cheapelectricity, renewable energy has not yet fully developed in Taiwan, resulting from a lack of market’s competition.In 2016, after the new government came to power, the Bureau of Energy (BOE) Ministry of Economic Affairs(MOEA) set up an active promotion goal for the renewable energies (RE) in Taiwan: the total RE power capacitywill be 20% share of the national power installation capacity by 2025. In the meantime, the four inherentshortcomings—low energy density, high cost of power generation, instability of power supply, and current cost ofrenewable energy being still higher than that of fossil energy—have to be overcome first, before renewable energy isactually formed as a main component in national energy mix. The development of renewable energy not onlycontributes to the independence of energy supply, but also achieves the benefits of economic development andenvironmental protection. This study reviews the current status, achievements, polices and future plans in theseareas for Taiwan.
Authors and Affiliations
Shyi-Min Lu*
Keywords
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